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Australian Market Slightly Higher
Recouping some of the losses in the previous session, the Australian stock market is trading slightly higher on Friday, despite the broadly negative cues from global markets overnight. The benchmark S&P/ASX 200 is staying above the 7,500 level, with gains in technology stocks partially offset by losses in gold miner stocks.
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Pred 604 dňami
TSX Ends Notably Higher On Fed Rate Cut Hopes
The Canadian market ended on a firm note on Thursday, regaining a substantial portion of the ground it lost in the previous session, as weak economic data raised prospects of a rate cut in the U.S. early next year.
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Pred 604 dňami
Dollar Slips Against Major Counterparts As Weak Data Raises Rate Cut Bets
The U.S. dollar shed ground against its major rivals on Thursday after data showing a drop in economic growth and an uptick in jobless claims raised prospects of a rate cut by the Federal Reserve early next year.
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Pred 604 dňami
Swiss Market Ends Slightly Weak
The Switzerland stock market ended marginally down on Thursday after languishing in negative territory right through the day's session.
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Pred 605 dňami
European Stocks Close Broadly Lower After Cautious Session
European stocks closed lower on Thursday despite a positive lead from U.S. where stocks rebounded on bargain hunting. Investors continued to assess the outlook for interest rates, and digested the latest batch of U.S. and European economic data.
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Pred 605 dňami
U.S. Dollar Declines As Weak GDP Data Sparks Rate Cut Hopes
The U.S. dollar depreciated against its major counterparts in the New York session on Thursday, as the economic growth was revised down in the third quarter and initial jobless claims rose less than forecast last week, supporting hopes of a rate cut by the Federal Reserve early next year.
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Pred 605 dňami
Canadian Shares Up Firmly On Bargain Hunting
The Canadian market is up firmly in positive territory in late morning trades on Thursday, as stocks from several sectors are moving higher on bargain hunting after previous session's sharp decline.
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Pred 605 dňami
more news
U.S. Leading Economic Index Decreases In Line With Estimates In November
With stock prices making virtually the only positive contribution, the Conference Board released a report on Thursday showing a continued decrease by its reading on leading U.S. economic indicators in the month of November. The Conference Board said its leading economic index slid by 0.5 percent in November after slumping by a downwardly revised 1.0 percent in October.
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Pred 605 dňami
Philly Fed Index Indicates Faster Contraction But More Upbeat Outlook
Philadelphia-area manufacturing activity unexpectedly contracted at an accelerated rate in the month of December, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. Meanwhile, The Philly Fed said most future activity indicators rose during the month, suggesting more widespread expectations for overall growth over the next six months.
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Pred 605 dňami
U.S. Economy Grows Less Than Previously Estimated In Q3
The U.S. economy unexpectedly grew by less than previously estimated in the third quarter of 2023, the Commerce Department revealed in a report released on Thursday. The report said real gross domestic product jumped by 4.9 percent in the third quarter, reflecting a downward revision from the previously reported 5.2 percent surge. Economists had expected the pace of GDP growth to be unrevised.
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Pred 605 dňami
Turkish Central Bank Slows Pace Of Tightening
Turkey's central bank raised its benchmark rate by 250 basis points on Thursday to combat high inflation but the pace of tightening was reduced as policymakers assessed that it is close to the level required to establish the disinflation course. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, or CBRT, governed by Governor Hafize Gaye Erkan, decided to raise the one-w
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Pred 605 dňami
U.S. Q3 GDP Growth Unexpectedly Downwardly Revised To 4.9%
The U.S. economy unexpectedly grew by less than previously estimated in the third quarter of 2023, the Commerce Department revealed in a report released on Thursday.
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Pred 605 dňami
Philly Fed Index Unexpectedly Indicates Faster Contraction In December
Philadelphia-area manufacturing activity unexpectedly contracted at an accelerated rate in the month of December, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.
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Pred 605 dňami
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